Mediation Process Keeps Homeowners In Their Homes

Lewis Injury

Philadelphia court’s standing order requires all parties to any foreclosure proceeding to meet their opposition face to to face to work out a resolution.  The result:  85% of participants were able to keep their homes.  The Philadelphia court system’s program cost the city roughly $3,310.00 to save each home from foreclosure.  Philadelphia’s program exemplifies the cost savings of mediation versus traditional litigation.  In the city of San Francisco, officials estimate it costs the city over $19,000 for each foreclosure.

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